TMI BlogImport of high end luxury cars from various foreign suppliers by mis-declaring as new - Undervaluation...Import of high end luxury cars from various foreign suppliers by mis-declaring as new - Undervaluation of goods - Appellant is a subsequent purchase of the car - the contention that valuation of the car and that the car is not an old car is not acceptable - redemption fine reduced to ₹ 5 lakhs - penalties set aside - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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